Posts by Stephanie Irvin
Evergreen Content: Write It Once, Profit Forever
Evergreen content is the kind of writing that keeps on giving. It’s relevant today and will remain useful in the future, making it a smart investment for any content creator. By focusing on topics that don’t go out of style, you can build a library of content that drives traffic and engagement for years to…
Read MoreBP chair Helge Lund to step down amid Elliott campaign
[LONDON] BP chair Helge Lund intends to step down “likely during 2026” and the process to pick his successor has started, BP said on Friday (Apr 4) amid a campaign by activist hedge fund Elliott for more change at the company. Lund had backed BP’s 2020 strategy under former CEO Bernard Looney to move away…
Read MoreStocks to watch: Far East Orchard, BYD
[SINGAPORE] The following companies saw new developments that may affect trading of its securities on Friday (Apr 4). Far East Orchard: The developer announced on Thursday that it will be acquiring a purpose-built student accommodation (PBSA) site in Manchester in the UK, for £10.9 million (S$19.2 million). The 275-year leasehold site is expected to be…
Read MoreEurope: Shares slump as investors grapple with tariff fallout
EUROPEAN shares tumbled on Thursday, notching their biggest daily loss in eight months, on fears an escalating trade war would slam the brakes on economic growth in the wake of hefty tariffs announced by US President Donald Trump. The pan-European Stoxx 600 sank 257 per cent to 523.12 points, falling back to its lowest since January. German,…
Read MoreVenture capitalist Finian Tan sought to invest in alleged scammer Ng Yu Zhi’s nickel business
[SINGAPORE] Well-known venture capitalist Finian Tan was told in August 2020 that someone was keen to invest in his funds. That person turned out to be the alleged nickel trading scammer Ng Yu Zhi, to whom Dr Tan was said to have been cheated into delivering US$19.2 million. Dr Tan arranged their first meeting on…
Read MoreMercedes weighs moving some car production to US over tariffs
[BERLIN] Mercedes Benz Group is considering shifting the production of another vehicle model to the US in response to Donald Trump’s 25 per cent auto tariffs. The move may be necessary to deal with the cost of the duties, Mercedes’ production chief Jörg Burzer said on Thursday (Apr 3), declining to comment on which model…
Read MoreUS emerges as biggest loser in markets from Trump’s tariffs
US equity index futures tumble more than 4% after President Trump announces a sweeping series of tariffs [NEW YORK] Donald Trump’s shake-up of the global trading system is hurting US assets more than those in many of the big economies he has just slapped with additional tariffs. US equity index futures tumbled more than 4…
Read MoreSingapore’s dollar in pole position to extend lead in Asia
Demand for the city-state’s currency may sustain even as expectations for further MAS policy easing grow, with core inflation in February rising at the slowest pace since June 2021 [SINGAPORE] The Singapore dollar’s outperformance in the first quarter can extend over the near-term, at least according to a Bloomberg analysis of its relationship with other…
Read MoreMAS tells fintech platforms to communicate underlying products in investment accounts clearly: sources
Consumers should be clear that a fintech platform that offers underlying banking products does not equate to it being a bank [Singapore] Fintech platforms have been told by the Monetary Authority of Singapore (MAS) to clearly communicate underlying products in their investment accounts. This move is likely a response to the Chocolate Finance incident, when…
Read MoreTariff loophole that helped Temu, Shein will close May 2
[SEATTLE] De minimis tariff exemptions, which currently allow packages worth as much as US$800 from China and Hong Kong to enter the US duty-free, will end on May 2, the White House said, a potential blow to discount marketplaces such as Temu and Shein. US President Donald Trump in February, signed executive orders to eliminate…
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